Japanese retailer Uniqlo in Thailand

Publication

12 December 2018 à 15h07

Updated on 10 May 2019 à 16h28

Reading time

1 minute

Publication: 12 December 2018 à 15h07, Updated on 10 May 2019 à 16h28

Reading time: 1 minute

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Publication

12 December 2018 à 15h07

Updated on 10 May 2019 à 16h28

Reading time

1 minute

Publication: 12 December 2018 à 15h07, Updated on 10 May 2019 à 16h28

Reading time: 1 minute

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The Japanese retailer has announced that it will open its first store in Vietnam towards the end of 2019. Uniqlo’s arrival is set to intensify the competition between foreign brands like Zara and H&M in the Southeast Asian country. Uniqlo’s first store will be in Ho Chi Minh City and operated through a joint venture between Fast Retailing and Mitsubishi Corporation, who will own 75% and 25%. The Japanese retailer plans to double the number of stores in Southeast Asia and Oceania to 400 by 2022.

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